Cost of land
Karnataka unit of Credai (Confederation of Real Estate Developers’ Associations of India) aims to see the state housing surplus by 2020. Officials state that the developers’ body will dwell upon the issue in Statecon 2012, which will be hosted in Mangalore on August 25. The official source states that Credai wants to provide people in [...] Continue Reading »
The central government is considering to raise the limit of housing loans eligible at interest of one per cent to Rs 15 lakh from the current Rs 10 lakh. The proposal is likely to be discussed in the Union Cabinet this week. The move aims towards activating real estate growth as a major contributor for [...] Continue Reading »
The cost of construction is increasing in Coimbatore. The increasing cost of construction material as well as the cost of labour has guided the rising curve for the properties in Coimbatore. Due to the scarcity of land the construction of the properties are moving towards the suburbs of the city. The cost of land in [...] Continue Reading »
The cost of plot and land is still high amidst little depreciation in property prices. Three plots in Mumbai were sold by bidding by the City and Industrial Development Corporation (Cidco). The plots were in Nerul, Navi Mumbai and were sold in crores. The plots were slowly released creating a suspense amongst developers which made [...] Continue Reading »
